TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 11, 3:30 PM EST
Kalshi
This event tracks the performance of U.S. government debt, specifically focusing on the interest rate for two-year Treasury securities. The outcome depends on whether this rate surpasses various thresholds on a specific future date, reflecting expectations about economic policy and market conditions.
All markets resolve based on the par yield of the 2-Year U.S. Treasury as published on September 11, 2026. Each market has a distinct threshold: if the yield exceeds a specific percentage (e.g., 4.20%, 4.22%, etc.), that market resolves to 'Yes.' Expiration occurs at the earlier of 7:00 PM ET following the official data release for that date or one week after September 11, 2026. All markets share this uniform expiration framework, ensuring consistent timing across all yield thresholds.
Currently, it's difficult to directly compare the predictions embedded in this market to traditional analyst forecasts. While many financial institutions publish yield curve projections, these are often presented as point estimates or ranges with varying confidence intervals. This market provides a single, continuously updated probability distribution of potential outcomes, reflecting the collective wisdom of traders. It's important to note that analyst forecasts and prediction market prices represent different methodologies and sources of information, and may diverge based on their respective assumptions.
On Kalshi, this market is priced using a continuous double auction mechanism. Traders buy and sell contracts that pay out $1 if the 2-Year US Treasury yield on September 11, 2026, is within a specific range, and less if it falls outside that range. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each contract reflects the market's assessment of the probability of that outcome occurring. As more traders participate and new information becomes available, the prices adjust to reflect the evolving consensus.
This market resolves around Sep 11, 2026, with the outcome determined by the 2-Year US Treasury yield as reported by a credible financial data source at the specified time. The yield will be verified against credible public reporting to ensure accuracy and transparency. The contracts will then pay out based on whether the actual yield falls within the ranges defined by the contracts traded on Kalshi. This allows traders to profit from correctly anticipating future yield movements.
Several economic signals and events could significantly move this market before Sep 11, 2026. Key factors include changes in the Federal Reserve's monetary policy, such as interest rate hikes or cuts, and macroeconomic data releases like inflation reports, employment figures, and GDP growth. Unexpected geopolitical events or shifts in investor risk appetite could also influence Treasury yields. Furthermore, any news related to the US government's debt levels or fiscal policy could impact the market's expectations for future yields.